QUESTAR PIPELINE, LLC - FORM 10-K - EX-12 - EXHIBIT 12.2 - February 28, 2011

Attached files

file filename
10-K - 10-K - QUESTAR PIPELINE, LLCstr10k4q2010.htm
EX-3 - EXHIBIT 3.2 - QUESTAR PIPELINE, LLCstr10k4q2010ex32.htm
EX-31 - EXHIBIT 31.3 - QUESTAR PIPELINE, LLCstr10k4q2010ex313.htm
EX-31 - EXHIBIT 31.6 - QUESTAR PIPELINE, LLCstr10k4q2010ex316.htm
EX-32 - EXHIBIT 32.5 - QUESTAR PIPELINE, LLCstr10k4q2010ex325.htm
EX-23 - EXHIBIT 23.1 - QUESTAR PIPELINE, LLCstr10k4q2010ex231.htm
EX-32 - EXHIBIT 32.4 - QUESTAR PIPELINE, LLCstr10k4q2010ex324.htm
EX-31 - EXHIBIT 31.5 - QUESTAR PIPELINE, LLCstr10k4q2010ex315.htm
EX-12 - EXHIBIT 12.3 - QUESTAR PIPELINE, LLCstr10k4q2010ex123.htm
EX-32 - EXHIBIT 32.1 - QUESTAR PIPELINE, LLCstr10k4q2010ex321.htm
EX-31 - EXHIBIT 31.2 - QUESTAR PIPELINE, LLCstr10k4q2010ex312.htm
EX-23 - EXHIBIT 23.2 - QUESTAR PIPELINE, LLCstr10k4q2010ex232.htm
EX-12 - EXHIBIT 12.1 - QUESTAR PIPELINE, LLCstr10k4q2010ex121.htm
EX-32 - EXHIBIT 32.2 - QUESTAR PIPELINE, LLCstr10k4q2010ex322.htm
EX-32 - EXHIBIT 32.6 - QUESTAR PIPELINE, LLCstr10k4q2010ex326.htm
EX-32 - EXHIBIT 32.3 - QUESTAR PIPELINE, LLCstr10k4q2010ex323.htm
EX-21 - EXHIBIT 21.1 - QUESTAR PIPELINE, LLCstr10k4q2010ex211.htm
EX-31 - EXHIBIT 31.1 - QUESTAR PIPELINE, LLCstr10k4q2010ex311.htm
EX-21 - EXHIBIT 21.2 - QUESTAR PIPELINE, LLCstr10k4q2010ex212.htm
EX-24 - EXHIBIT 24.1 - QUESTAR PIPELINE, LLCstr10k4q2010ex241poa.htm
EX-10 - EXHIBIT 10.2 - QUESTAR PIPELINE, LLCstr10k4q2010ex102amip.htm
EX-31 - EXHIBIT 31.4 - QUESTAR PIPELINE, LLCstr10k4q2010ex314.htm



Exhibit 12.2


Questar Pipeline Company

Ratio of Earnings to Fixed Charges


 

12 Months Ended December 31,

 

2010

2009

2008

 

(dollars in millions)

Earnings

 

 

 

Income before income taxes and adjustment for income

  from equity investee

$102.4 

$88.2 

$90.8 

Add (deduct):

 

 

 

  Fixed charges

31.4 

32.2 

34.8 

  Distributed income from equity investee

4.0 

3.3 

- 

  Capitalized interest

(1.0)

(0.9)

(0.4)

Total Earnings

$136.8 

$122.8 

$125.2 

--

 

 

 

Fixed Charges

 

 

 

Interest expense

$  28.8 

$  29.5 

$  32.7 

Capitalized interest

1.0 

0.9 

0.4 

Estimate of interest within rental expense

1.6 

1.8 

1.7 

Total Fixed Charges

$  31.4 

$  32.2 

$  34.8 

--

 

 

 

Ratio of Earnings to Fixed Charges

4.4 

3.8 

3.6 


For purposes of this presentation, earnings represent income before income taxes adjusted for fixed charges, earnings and distributions of equity investee. Income before income taxes includes Questar Pipeline's share of pretax earnings of equity investee. Fixed charges consist of total interest charges (expensed and capitalized), amortization of debt issuance costs and losses from reacquired debt, and the interest portion of rental expense estimated at 50%.







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